Property, Real Estate, and Community Association Managers

Median salary

$69,990

Average salary

$83,710

Employment

311,180

Projected growth

3.6% growth

Annual openings

39,000

Typical entry education

High school diploma or equivalent

What Property, Real Estate, and Community Association Managers Do

Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).

See full salary breakdown & percentiles →

Career Outlook

National employment outlook, 2024–2034.

Related work experience: Less than 5 years
On-the-job training: Short-term on-the-job training
Self-employed: 34%

Source: BLS Employment Projections — 2024-2034.

How Much Preparation Does This Take?

Job Zone 4 of 5

Job Zone Four: Considerable Preparation Needed

Experience: A considerable amount of work-related skill, knowledge, or experience is needed for these occupations.
Education: Most of these occupations require a four-year bachelor's degree, but some do not.
Job training: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Source: O*NET Job Zones.

Key Knowledge Areas

Subject-matter areas this occupation draws on most, per O*NET.

Customer and Personal Serviceimportance 4.6/5
Administration and Managementimportance 4.4/5
Economics and Accountingimportance 4.0/5
English Languageimportance 4.0/5
Law and Governmentimportance 3.9/5
Public Safety and Securityimportance 3.7/5
Mathematicsimportance 3.6/5
Personnel and Human Resourcesimportance 3.5/5

Work Environment

What the day-to-day work setting is like, per O*NET.

Telephone Conversations5.0/5
E-Mail5.0/5
Face-to-Face Discussions with Individuals and Within Teams4.8/5
Contact With Others4.7/5
Written Letters and Memos4.5/5
Freedom to Make Decisions4.3/5

Careers With Similar Skills

Occupations whose Transferable Skills profile most closely matches this one — a mathematical comparison, not observed data about people actually moving between these careers.

First-Line Supervisors of Non-Retail Sales Workers97% skill match
Financial Managers97% skill match
First-Line Supervisors of Retail Sales Workers97% skill match
Gambling Managers96% skill match
General and Operations Managers96% skill match
Education and Childcare Administrators, Preschool and Daycare96% skill match
Procurement Clerks96% skill match
Education Administrators, Kindergarten through Secondary96% skill match

Transferable Skills

Cross-functional skills this occupation draws on most, per O*NET — the kind that carry over to other careers.

Coordinationimportance 3.6/5
Negotiationimportance 3.5/5
Social Perceptivenessimportance 3.3/5
Persuasionimportance 3.3/5
Complex Problem Solvingimportance 3.1/5
Judgment and Decision Makingimportance 3.1/5
Management of Personnel Resourcesimportance 3.1/5
Service Orientationimportance 3.0/5

Software & Technologies

Tools and software used in this occupation, per O*NET.

Hot Technologies

Other Software Used

Advantos Systems DataTrust Enterprise
Biometric reader software
Bostonpost Technology Property Manager
Card key management software
Domin-8 Enterprise Solutions RentRight
Domin-8 Enterprise Solutions Tenant Pro
FullHouse Software Investment Property Manager
Google Drive

Work Style

Personal work characteristics that matter most for this occupation, per O*NET.

Dependability
Leadership Orientation
Attention to Detail
Integrity
Social Orientation
Self-Confidence
Cooperation

Career Interests

This occupation’s RIASEC interest profile, per O*NET — how strongly it fits each of the six Holland interest types.

EnterprisingHigh
ConventionalHigh
SocialMedium
RealisticMedium
InvestigativeLow
ArtisticLow

This page includes information from the O*NET 30.3 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.

Where This Career Is Most Concentrated

Metro areas where property, real estate, and community association managers make up the largest share of local employment, relative to the national average (BLS location quotient).